Business For Sale

Internal Medicine Practice - 30+ Years

Philadelphia, PA
Philadelphia County


Asking Price: Annual Revenue:
$300,000 Not Disclosed

Services: Medical, Dental


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RE: Internal Medicine Practice - 30+ Years Broker: Satish Suri

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 2
BBN Listing #: 378648816
Broker Reference #: 1355615

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Business Overview:

A medical practice with real estate property is for sale by an elderly physician eager to sell and retire. The practice has around 800 patient files and is well established in the North East Philadelphia neighborhood where the physician has been for more than three decades. The practice currently accepts major insurances as well as Medicare and Medicaid patients. The physician wants to retire but still receives request for new patients every week.

The property is in good condition and has unoccupied exam rooms on the second floor. The space on the second level is perfect for other medical, dental, mental health, nutritionist practitioners. This neighborhood is in need of a doctor to continue this physician’s practice. The patients are grateful to have medical services at their disposal and the location is ideal for a group practice as well as a solo practitioner.

Doctor will stay on to help the new owner for 6 months to 1 year as needed to transition smoothly. Asking price and terms are negotiable.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Real estate included in asking price. Located in a busy residential and business area.

Market Competition and Expansion:

There is a second floor available for expansion which can possibly include for another provider including dental, optometry, physical therapy, mental health or medical.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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